The signing of the agreement
Hyatt International LLC's subsidiary entered into management agreements with Knowledge Economic City (KEC) to establish two new hotels under the Hyatt brand.
According to a statement received by Argaam, Hyatt House Madinah and Hyatt Centric Madinah are slated to open in the upcoming KEC project in Madinah, adding a total of 576 rooms to Hyatt's hotel portfolio in the Kingdom.
The US-headquartered Hyatt is recognized as a leading global entity in the hospitality sector, having a portfolio of over 1,200 hotels and resorts across 72 countries spanning six continents as of Sept. 30, 2022.
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